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TerraCom files court action to keep PwC report from ASIC investigators
Energy & Natural Resources 2021-08-09 2:08 pm By Christine Caulfield

Mining company TerraCom has asked a court to rule on the privilege status of a report by PriceWaterhouseCoopers, produced in reponse to “serious allegations” by a former employee over the falsification of coal quality results.

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‘Very disappointed’: ACCC accuses Telstra, Optus and TPG of misleading NBN customers
Competition & Consumer Protection 2021-08-09 4:25 pm By Bianca Hrovat

The Australian Competition and Consumer Commission has brought legal action against three major Australian internet providers for allegedly misleading hundreds of thousands of NBN customers.

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Financial fraudster dodges conviction following ASIC investigation
Financial Services 2021-08-09 2:54 pm By Bianca Hrovat

The former director of Sydney financial planning practice Hillross Bella Vista has been conditionally released without a conviction recorded after pleading guilty to falsifying documents uncovered during an investigation by the Australian Securities and Investments Commission.

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Judge wants to hear AUSTRAC class actions against CBA before he retires, literally
Class Actions 2021-08-06 11:17 pm By Cindy Cameronne

The judge overseeing class actions against Commonwealth Bank over its money laundering compliance failures has threatened to force the parties to go to trial by a certain date if they can’t agree to “sensible” time limits to ready the case for hearing, noting he would reach retirement age in 2024.

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OAIC launches investigation into Optus data breach
Privacy & Cybersecurity 2021-08-06 11:04 pm By Cat Fredenburgh

The Office of the Australian Information Commissioner is investigating whether Optus breached privacy law after the telco wrongly published customers’ personal details in the White Pages in 2019.

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COVID-19 delays judgment in ACCC’s long-running case against private college Phoenix
Competition & Consumer Protection 2021-08-06 3:37 pm By Miklos Bolza

Sydney’s ongoing COVID-19 lockdown has created “logistical” difficulties delaying the release of a long awaited judgment in the ACCC’s consumer law case against collapsed private college Phoenix Institute, which was accused of misleading students through the marketing of its courses.

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Banks fork over $1.86B to repay customers for bad behaviour
Financial Services 2021-08-05 10:05 pm By Sam Matthews

Six of Australia’s biggest financial services firms have paid or offered to pay a total of $1.86 billion to customers who were wrongly charged fees for no service or were given bad advice.

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SPC’s controversial vaccine mandate may face legal challenges
COVID-19 2021-08-05 9:59 pm By Bianca Hrovat

A controversial announcement by Victorian-based fruit and vegetable processor SPC that it will mandate COVID-19 vaccines for all of its 450 onsite workers could face legal challenges on several grounds.

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Manuka honey group in NZ loses fight against ‘Australian Manuka’ trade mark
Intellectual Property 2021-08-05 12:26 pm By Miklos Bolza

A New Zealand-based association representing manuka honey beekeepers has lost its opposition to an application for the ‘Australian Manuka’ trade mark by a Byron Bay honey producer, with IP Australia finding the word ‘manuka’ did not specifically refer to honey made in NZ.

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Freedom Foods to call boss as witness in former GC’s unfair dismissal case
Employment 2021-08-05 11:27 am By Miklos Bolza

Food and beverage manufacturer Freedom Foods will call its CEO and ex-group chairman to the stand in a case filed by the firm’s former group general counsel, who has dropped her lawyer and is now self-represented.

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